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why IC does not touches neither x axis Nor y axis?

Posted by Mariya Aasim 6 years, 10 months ago

CBSE > Class 12 > Economics

1 answers

Naveen Sharma 6 years, 10 months ago

Ans. An indifference curve cannot touch either axis. If it touches X-axis as 7, in Figure at M, the consumer will be having OM quantity of good X and none of Y.

Similarly, if an in difference curve I₂ touches the У-axis at L the consumer will have only OL of Y good and no amount of X. Such curves are in contradiction to the assumption that the consumer buys two goods in combinations.

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